Forget about actual panic state. Let's look at numbers. Numbers don't lie: During last month more than 8 Bn PND had been dumped. Considering a total supply of 32 Bn that means 25% of the total has been sold with exit in the market. Believe me, not many cryptocoins can say that. For most of them, a 10% dump means the death.
Don't be afraid or panic, if the dev wants to exit at a ridicoulous price, he's free to do it. This coin is a big thing and cannot die, what's just happens is that a big holder is in a hurry. Money, as energy, don't get destroyed, just change of hands. And PND is quickly changing of hands thanks to this traitor dev. PND is still a valuable coin and smart investors will buy and hold it until fair prices come. Trust in me, I'm one of them and PND has given me the best opportunity of this 2015
This is about a dev destroying the coin, so that he can get *billions*, yes he probably at this point holds over 4 billion of the coin or more.
He will wait for a rebuild and then dump all over you, putting your head in the sand will not change this.
Any hype you see from now on is an attempt to steal money from innocents, fall for it at your own peril, if you have any sanity don't spend another cent on this coin.